7(1)Section 8 (meaning of “contracted-out employment”, “guaranteed minimum pension” and “minimum payment”) is amended as follows.E+W+S
(2)For subsection (1) substitute—
“(1)In relation to any period before the second abolition date, the employment of an earner in employed earner's employment was “contracted-out employment” in relation to the earner during that period if—
(a)the earner was under pensionable age;
(b)the earner's service in the employment was service which qualified the earner for a pension provided by a salary related contracted-out scheme; and
(c)there was in force a contracting-out certificate issued in accordance with this Chapter (as it then had effect) stating that the employment was contracted-out employment by reference to the scheme.”
(3)After subsection (1A) insert—
“(1B)In the following provisions of this Act “earner”, in relation to a scheme, means a person who was an earner in contracted-out employment by reference to the scheme.”
(4)In subsection (2), in the definition of “guaranteed minimum pension”, for “by an occupational pension scheme” substitute “ , by a scheme that was a salary related contracted-out scheme, ”.
(5)For subsection (4) substitute—
“(4)A contracting-out certificate that was in force in respect of an employed earner's employment is to be taken as conclusive that the employment was, at that time, contracted-out employment.”
Commencement Information
I1Sch. 13 para. 7 in force at 6.4.2016, see s. 56(1)(4)